The cost of politics in India
India’s geographical expanse, socio-cultural diversity and multi-level federal representative governance structures makes its electoral landscape extremely vibrant and unique. But in recent decades the world’s largest democracy has attracted sustained scholarly attention as a result of the increasingly huge costs of not just holding elections, but contesting in them. A staggering 1.35 lakh crore or USD 16 billion was estimated to have been spent by political parties and candidates, with significant variations across regions, states and between parties and candidates, in the course of the three-month mega elections process in 2024. But the costs of politics are not just confined to official campaign periods. They begin immediately after a candidate decides to contest for political office, and extend into post-election periods. This study seeks to offer a deeper understanding of the dynamics behind rising political expenditure, the ways in which they are shaped by, and is shaping, the changing nature of election campaigns, and the implications this has for India’s democracy.